2576 W Fairmont Ave APT 101FresnoCA93705
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Fresno at 2576 W Fairmont Ave APT 101, Fresno, CA, 93705 generates $1,373/mo in rent, after a $812/mo payment. Total monthly income is $1,373/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 9.93% on a $165,900 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 101.43% and total cumulative return in cash sums $55,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,373/mo property income rather than buyer’s personal income.
Condo
Built in 1971
479.16 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93705, Fresno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,841 (100%) |
| Owner Occupied HU | 5,897 (42.6%) |
| Renter Occupied HU | 7,361 (53.2%) |
| Vacant Housing Units | 583 ( 4.2%) |
| Median Home Value | $307,866 |
| Average Home Value | $348,514 |
Housing Distribution
Address Breakdown
Residential
12,800
Single Family
11,072
Multi-Family
1,728
Businesses
319
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Listed by: Christine A. Palacios • Gabriel Gutierrez Real Estate
Mls Name: Fresno MLS
Mls ID: #629327